PwC Italy and blockchain consultancy SKChain Advisors are joining forces to develop an enterprise-ready digital identity solution for the European market. The initiative centers on Self-Sovereign Identity (SSI) technology, aiming to bridge the gap between regulatory compliance and seamless access to both web2 and web3 services.
Building on eIDAS 2.0 and the EUDI Wallet
This joint effort is grounded in the eIDAS 2.0 regulation, which mandates a European Digital Identity Wallet (EUDI-Wallet) for all EU citizens. With regulatory clarity improving under frameworks like MiCA, both public and private sectors are accelerating digital identity adoption.
A completed feasibility study by SKChain and PwC Italy laid the groundwork for an SSI framework tailored to European enterprises. The next development phase focuses on implementation and user experience optimization.
Addressing Gaps in Blockchain Identity Infrastructure
While regulation has matured, enterprise-grade access to blockchain platforms remains underdeveloped. The new solution aims to address this by:
- Supporting secure authentication and identity verification.
- Enabling compliance-aligned access to digital asset services.
- Streamlining onboarding for web3 and traditional platforms.
The product will be built on World Mobile Chain, a Layer 3 protocol deployed on Base network, specifically engineered to serve enterprise needs within the digital economy.
Why SSI Is Gaining Ground
SSI offers decentralized, user-controlled identity management—ideal for privacy-conscious environments. Analysts view it as the next evolution of identity infrastructure, particularly in light of increasing demand for data sovereignty and secure digital interactions.
Marco Folcia, Partner and Financial Services Transformation Leader at PwC Italy, noted: “Digital identity will be pivotal in revolutionizing how we secure and authenticate personal information. Responsible innovation, especially through blockchain, will ensure privacy and transparency while empowering users to control their data.”
Strategic Collaboration for Scalable Adoption
PwC Italy brings its track record of deploying blockchain across industries, while SKChain Advisors offers deep web3 expertise. Their collaboration is expected to deliver a robust, EU-compliant digital identity framework that accelerates enterprise adoption of decentralized technologies.
With a focus on compliance, usability, and privacy, the upcoming SSI solution marks a significant step toward integrating blockchain identity into the mainstream digital economy.
